Karachi: Waves Corporation Limited, a substantial shareholder of Waves Home Appliances Limited, has conducted a series of transactions involving significant volumes of shares, according to a report dated October 21, 2026. These transactions were executed by the company under the disclosure requirements of the Pakistan Stock Exchange (PSX).

The transactions, which were conducted in the market through the Central Depository Company (CDC), include a right issue, purchases, and sales of shares. On October 8, Waves Corporation Limited executed a right issue, acquiring 98.37 million shares at a price of 10.00 per share. This transaction increased their cumulative shareholding to 204.90 million shares, representing 49.03% of the company's shares.

Further activities were recorded on October 12, where Waves Corporation Limited purchased 2.58 million shares at a rate of 8.09 per share and sold 2.60 million shares at 8.00 per share through the ready market. Additionally, the company engaged in futures trading, buying and subsequently selling 2.60 million shares at the same rates of 8.09 and 8.00 per share, respectively.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a moderate move in the shareholding pattern of Waves Home Appliances Limited. As of the latest updates, Waves Corporation Limited maintains a cumulative holding of 204.88 million shares, accounting for 49.03% of the company's total shares.